2006 Code of Virginia § 38.2-2105 - Standard provisions, conditions, stipulations and agreements for such policies

38.2-2105. Standard provisions, conditions, stipulations and agreements forsuch policies.

A. Except as provided in 38.2-2107, each policy shall contain the followingprovisions, conditions, stipulations, and agreements:

1Concealment,Thisentirepolicyshallbevoid,ifwhether
2fraud.beforeorafteraloss,theinsuredhaswil-
3fullyconcealedormisrepresentedanyma-
4terialfactorcircumstanceconcerningthisinsuranceorthe
5subjectthereof,ortheinterestoftheinsuredtherein,orincase
6ofanyfraudorfalseswearingbytheinsuredrelatingthereto.
7UninsurableThispolicyshallnotcoveraccounts,bills,
8andcurrency,deeds,evidencesofdebt,moneyor
9exceptedproperty.securities;nor,unlessspecificallynamed
10hereoninwriting,bullionormanuscripts.
11PerilsnotThisCompanyshallnotbeliableforlossby
12included.fireorotherperilsinsuredagainstinthis
13policycaused,directlyorindirectly,by:(a)
14enemyattackbyarmedforces,includingactiontakenbymili-
15tary,navalorairforcesinresistinginactualorimmediately
16impendingenemyattack;(b)invasion;(c)insurrection;(d)
17rebellion;(e)revolution;(f)civilwar;(g)usurpedpower;
18(h)orderofanycivilauthorityexceptactsofdestructionatthetime
19ofandforthepurposeofpreventingthespreadoffire,provided
20thatsuchfiredidnotoriginatefromanyoftheperilsexcluded
21bythispolicy;(i)neglectoftheinsuredtouseallreasonable
22meanstosaveandpreservethepropertyatandafteraloss,or
23whenthepropertyisendangeredbyfireinneighboringprem-
24ises;(j)norshallthisCompanybeliableforlossbytheft.
25OtherInsurance.Otherinsurancemaybeprohibitedorthe
26amountofinsurancemaybelimitedbyen-
27dorsementattachedhereto.
28Conditionssuspendingorrestrictinginsurance.Unlessother-
29wiseprovidedinwritingaddedheretothisCompanyshallnot
30beliableforlossoccurring
31(a)Whilethehazardisincreasedbyanymeanswithinthe
32controlorknowledgeoftheinsured;or
33(b)whileadescribedbuilding,whetherintendedforoccupancy
34byownerortenant,isvacantorunoccupiedbeyondaperiodof
35sixtyconsecutivedays;or
36(c)asaresultofexplosionorriot,unlessfireensue,andin
37thateventforlossbyfireonly.
38OtherperilsAnyotherperiltobeinsuredagainstorsub-
39orsubjects.jectofinsurancetobecoveredinthispolicy
40shallbebyendorsementbywritinghereonor
41addedhereto.
42Addedprovisions.Theextentoftheapplicationofinsurance
43underthispolicyandofthecontributionto
44bemadebythisCompanyincaseofloss,andanyotherpro-
45visionoragreementnotinconsistentwiththeprovisionsofthis
46policy,maybeprovidedforinwritingaddedhereto,butnopro-
47visionmaybewaivedexceptsuchasbythetermsofthispolicy
48issubjecttochange.
49WaiverNopermissionaffectingthisinsuranceshall
50provisions.exist,orwaiverofanyprovisionbevalid,
51unlessgrantedhereinorexpressedinwriting
52addedhereto.Noprovision,stipulationorforfeitureshallbe
53heldtobewaivedbyanyrequirementorproceedingonthepart
54ofthisCompanyrelatingtoappraisalortoanyexamination
55providedforherein.
56CancellationThispolicyshallbecancelledatanytime
57ofpolicy.attherequestofinsured,inwhichcase
58thisCompanyshall,upondemandandsur-
59renderofthispolicy,refundtheexcessofpaidpremiumabove
60thecustomaryshortratesfortheexpiredtime.Thispol-
61icymaybecancelledatanytimebythisCompanybygiving
62totheinsuredafivedays'writtennoticeofcancellationwith
63orwithouttenderoftheexcessofpaidpremiumabovethepro
64ratapremiumfortheexpiredtime,whichexcess,ifnotten-
65dered,shallberefundedondemand.Noticeofcancellationshall
66statethatsaidexcesspremium(ifnottendered)willbe
67refundedondemand.
68MortgageeIflosshereunderismadepayableinwhole
69interestsandorinpart,toadesignatedmortgageenot
70obligations.namedhereinastheinsured,suchinterestin
71thispolicymaybecancelledbygivingtosuch
72mortgageeatendays'writtennoticeofcan-
73cellation.
74Iftheinsuredfailstorenderproofoflosssuchmortgagee,upon
75notice,shallrenderproofoflossintheformhereinspecified
76withinsixty(60)daysthereafterandshallbesubjecttothepro-
77visionshereofrelatingtoappraisalandtimeofpaymentandof
78bringingsuit.IfthisCompanyshallclaimthatnoliabilityex-
79istedastothemortgagororowner,itshall,totheextentofpay-
80mentoflosstothemortgagee,besubrogatedtoallmort-
81gagee'srightsofrecovery,butwithoutimpairingmortgagee's
82righttosue;oritmaypayoffthemortgagedebtandrequire
83anassignmentthereofandofthemortgage.Otherprovisions
84relatingtotheinterestandobligationsofsuchmortgageemay
85beaddedheretobyagreementinwriting.
86ProrataThisCompanyshallnotbeliableforagreater
liability.
87proportionofanylossthantheamount
88herebyinsuredshallbeartothewholeinsurancecoveringthe
89propertyagainsttheperilinvolved,whethercollectibleornot.
90RequirementsinTheinsuredshallgiveimmediatewritten
91caselossoccurs.noticetothisCompanyofanyloss,protect
92thepropertyfromfurtherdamage,forthwith
93separatethedamagedandundamagedpersonalproperty,put
94itinthebestpossibleorder,andfurnishacompleteinventory
95ofthedestroyedordamagedpropertysettingforthforeachitem,
96orbycategoryifitemizationisnotreasonablypracticable,
97theamountoflossclaimed.TheCompanymay,inaddition,
98requiretheinsuredtofurnishacompleteinventoryof
99thedestroyed,damagedandundamagedproperty,showingin
100detailquantities,costs,actualcashvalueandamountofloss
101claimed;andwithinsixtydaysaftertheloss,unlesssuchtime
102isextendedinwritingbythisCompany,theinsuredshallrender
103tothisCompanyaproofofloss,signedandsworntobythe
104insured,statingtheknowledgeandbeliefoftheinsuredasto
105thefollowing:thetimeandoriginoftheloss,theinterestofthe
106insuredandofallothersintheproperty,theactualcashvalueof
107eachitemthereofandtheamountoflossthereto,allencum-
108brancesthereon,allothercontractsofinsurance,whethervalid
109ornot,coveringanyofsaidproperty,anychangesinthetitle,
110use,occupation,location,possessionorexposuresofsaidprop-
111ertysincetheissuingofthispolicy,bywhomandforwhat
112purposeanybuildinghereindescribedandtheseveralparts
113thereofwereoccupiedatthetimeoflossandwhetherornotit
114thenstoodonleasedground,andshallfurnishacopyofallthe
115descriptionsandschedulesinallpoliciesand,ifrequired,verified
116plansandspecificationsofanybuilding,fixturesormachinery
117destroyedordamaged.Theinsured,asoftenasmaybereason-
118ablyrequired,shallexhibittoanypersondesignatedbythis
119Companyallthatremainsofanypropertyhereindescribed,and
120submittoexaminationsunderoathbyanypersonnamedbythis
121Company,andsubscribethesame;and,asoftenasmaybe
122reasonablyrequired,shallproduceforexaminationallbooksof
123account,bills,invoicesandothervouchers,orcertifiedcopies
124thereofiforiginalsbelost,atsuchreasonabletimeandplaceas
125maybedesignatedbythisCompanyoritsrepresentative,and
126shallpermitextractsandcopiesthereoftobemade.
127Appraisal.IncasetheinsuredandthisCompanyshall
128failtoagreeastotheactualcashvalueor
129theamountofloss,then,onthewrittendemandofeither,each
130shallselectacompetentanddisinterestedappraiserandnotify
131theotheroftheappraiserselectedwithintwentydaysofsuch
132demand.Theappraisersshallfirstselectacompetentanddis-
133interestedumpire;andfailingforfifteendaystoagreeupon
134suchumpire,then,onrequestoftheinsuredorthisCompany,
135suchumpireshallbeselectedbyajudgeofacourtofrecordin
136thestateinwhichthepropertycoveredislocated.Theap-
137praisersshallthenappraisetheloss,statingseparatelyactual
138cashvalueandlosstoeachitem;and,failingtoagree,shall
139submittheirdifferences,only,totheumpire.Anawardinwrit-
140ing,soitemized,ofanytwowhenfiledwiththisCompanyshall
141determinetheamountofactualcashvalueandloss.Each
142appraisershallbepaidbythepartyselectinghimandtheex-
143pensesofappraisalandumpireshallbepaidbytheparties
144equally;provided,however,ifthewrittendemandismadebythis
145Company,thentheinsuredshallbereimbursedbythisCompanyfor
146thereasonablecostoftheinsured'sappraiserandtheinsured's
147portionofthecostoftheumpire.
148Company'sItshallbeoptionalwiththisCompanyto
149options.takeall,oranypart,ofthepropertyatthe
150agreedorappraisedvalue,andalsotore-
151pair,rebuildorreplacethepropertydestroyedordamagedwith
152otheroflikekindandqualitywithinareasonabletime,ongiv-
153ingnoticeofitsintentionsotodowithinthirtydaysafterthe
154receiptoftheproofoflosshereinrequired.
155Abandonment.TherecanbenoabandonmenttothisCom-
156panyofanyproperty.
157WhenlossTheamountoflossforwhichthisCompany
158payable.maybeliableshallbepayablesixtydays
159afterproofofloss,ashereinprovided,is
160receivedbythisCompanyandascertainmentofthelossismade
161eitherbyagreementbetweentheinsuredandthisCompanyex-
162pressedinwritingorbythefilingwiththisCompanyofan
163awardashereinprovided.
164Suit.Nosuitoractiononthispolicyfortherecov-
165eryofanyclaimshallbesustainableinany
166courtoflaworequityunlessalltherequirementsofthispolicy
167shallhavebeencompliedwith,andunlesscommencedwithin
168twoyearsnextafterinceptionoftheloss.
169Subrogation.ThisCompanymayrequirefromtheinsured
170anassignmentofallrightofrecoveryagainst
171anypartyforlosstotheextentthatpaymentthereforismade
172bythisCompany.

B. No change shall be made in the sequence of the words and paragraphs of thestandard provisions, conditions, stipulations and agreements prescribed bythis section, or in the arrangement of the words into lines. The numbersgiven the lines in the standard form and the catch words placed at thebeginning of the paragraphs shall be retained.

(Code 1950, 38-186; 1950, p. 994; 1952, c. 317, 38.1-366; 1972, c. 115;1979, c. 458; 1986, c. 562.)